444 Parkdale Avenue, Tunneys Pasture and Ottawa West

$1,155,000
444 Parkdale Avenue

$1,155,000

Price Change
182d
Detached2-Storey

444 Parkdale Avenue, Tunneys Pasture and Ottawa West

Total Monthly Obligation $5,637

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
182d
Score
18
Yield
4.9%
Cash on Cash
-2.9%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X13043712
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 104 ft
Listed on site-Apr 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,237 (2025)
Parking-4 - Detached
Basement-Full, Partially Finished
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Other
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-4303 - Ottawa West
Title-Residential Freehold

No agent assigned

This exceptionally well-maintained turn-of-the-century residence offers a sophisticated blend of historic charm and modern versatility, situated just steps from the vibrant Parkdale Market and the premier shopping, dining, and cafes of Wellington Street. The home is perfectly positioned for the active urbanite, with the LRT and scenic Ottawa River bike paths only moments away. Beyond its prime location, the property boasts a rare oversized two-car garage and a unique attached unfinished coach house. It is equipped with rough-in plumbing and 200-amp electrical service-offering a blank canvas for a custom home office, studio, or guest suite. With extensive upgrades including full rewiring, 2014 windows, and a 2016 high-efficiency heat pump and air conditioning system, this home provides the rare peace of mind of a modernized infrastructure within a classic, character-filled setting. The home received fresh paint in June 2026 and new carpets on the stairwell and the 3rd floor in July 2026. The property taxes were calculated with the property tax estimator.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$924,000
Land Transfer Taxes$19,575
Legal Fees (Est.)
$
Total cash required for closing$252,075

Total Monthly Obligation

$5,637/mo
Mortgage $4,659
Monthly Loss $4,411
Principal$1,226
Interest$3,433
Property Tax$603
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$56,040/yr
NOI
$38,699/yr
Net Cash Flow
-$1,434/mo
Cash Margin
-30.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
18.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 444 Parkdale Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.